Longling Capital Wallet Acquires 5000 ETH Worth $12.34 Million

According to Odaily, a wallet associated with Longling Capital has recently purchased 5000 ETH, valued at $12.34 million, just 20 minutes ago. The wallet now holds a total of 68,064 ETH, equivalent to $168 million, and has borrowed 44 million USDT from Aave. Longling Capital experienced a significant liquidation during the market crash in 2022, losing 93,793 ETH, which was worth $114 million at that time.